NYSE inks memo of understanding with Jakarta Stock Exchange

SteveGelsi

NEW YORK (MarketWatch) -- The New York Stock Exchange and the Jakarta Stock Exchange today signed a memorandum of understanding in which the two exchanges agreed to further increase the cooperation between both markets. The NYSE and JSX agreed to work together on the further development of both marketplaces and assist each other in the maintenance of fair and orderly markets. "We look forward to advancing our partnership with the Jakarta Stock Exchange as well as listed and prospect companies from Indonesia, a fast-growing economy and an increasingly important country for global investors," the NYSE said. Indonesian President Susilo Bambang Yudhoyono attended the signing ceremony at the NYSE.

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